Mr ABBOTT (Warringah—Prime Minister) (15:00): Madam Speaker, I say to the lady in question: first of all, we are not watering down protections and, second, these problems took place when the former government was in office. Opposition members interjecting— The SPEAKER: The member for McMahon has asked his question. Now there will be silence to listen to the answer. Mr ABBOTT: These problems took place under the protections put in place by the former government— Opposition members interjecting— The SPEAKER: The Prime Minister will resume his seat. Shrieking does not assist the chamber. When you have asked a serious question and you want a reply, kindly listen to it. The Prime Minister has the call. Mr ABBOTT: I fear that the shadow Treasurer is not wishing to protect the lady in question; he is just wishing to score cheap political points, Madam Speaker. Opposition members interjecting— Mr Bowen: I rise on a point of order— The SPEAKER: There is no point of order; the Prime Minister has the call. The member for McMahon will resume his seat. The Prime Minister is answering the question. Mr Bowen: Madam Speaker, I rise on a point of order—it is a serious one. The SPEAKER: I will listen with great interest to the member for McMahon. Mr Bowen: Madam Speaker, the Prime Minister has impugned me and members on this side of the House. The Leader of the Opposition and I— Government members interjecting— The SPEAKER: There is no point of order; resume your seat. Mr Bowen interjecting— The SPEAKER: Resume your seat! Honourable members interjecting— The SPEAKER: Resume your seat! Mr Bowen interjecting— The SPEAKER: The member for McMahon was asked on three occasions then to resume his seat. He can take himself out of the chamber under the provisions of standing order 94(a). The Prime Minister has the call. The member for Bowen then left the chamber. Government members interjecting— The SPEAKER: There will be silence on my right! A government member interjecting— The SPEAKER: Whoever is responsible for that interjection will desist. Opposition members interjecting— Mr ABBOTT: Madam Speaker, none of us want to see vulnerable— Opposition members: Withdraw! Mr Joyce: I withdraw. Honourable members interjecting— The SPEAKER: He did not have the call, but he withdraws anyway. The Prime Minister has the call, and there will be silence—or there will be a few more to join the member for McMahon. Mr ABBOTT: Madam Speaker, none of us want to see vulnerable people ripped off by unscrupulous advisers. None of us want to see that. Every single member of this parliament wants to see a good and effective system of regulation in place; we all want to see an effective system of safeguards in place. It is a question of getting the balance right. And I say, of the changes that the government has put in place, that they do not withdraw the best interests tests and they do not introduce commissions, but they seek to ensure that people of modest incomes have access to the best professional advice—that is what they seek to do. And I am confident that the kinds of activities that the shadow minister referred to will be just as much prescribed by the system that we have put in as they were under the system put in by members opposite.